tl;dr Obviously an inside job; total amateur hour. They'll catch the thief but Cryptopia will never re-open; plebs like you and me will eat the loss all around. New Zealand digital asset exchange Cryptopia halted operations on Jan 14, 2019 and put the online platform into "unplanned maintenance mode"…
8 posts by author
Murphy's Prophet
I compiled bitcoind in 2010 hoping to mine enough to buy some alpaca socks but was pulled away before running the miner. I often wonder what my life would be like today if I had those socks.
how2snowflake.png
This is why Snowflakes flock to Bernie Sanders and lack basic employment skills.…
Peace Out, Josh Garza - GUILTY
Josh Garza, the jackass behind Paycoin and the hilarious GAW Miners ponzi of 2014, is pleading guilty to federal charges and faces up to 20 years in the slammer…
CORRECTION - Paycoin's Buyback Program Really Will Take 91 Years!
Yesterday I woke up to a deluge of comments and messages related to my post on GAW Miners CEO Josh Garza’s buyback program for the controversial digital currency Paycoin. I frantically recalculated my numbers to correct the post for factual accuracy but made an arithmetic mistake that reduced the…
Bitcoin Is Oversold
I know I have been posting about digital currencies a lot lately, so my apologies for not keeping things varying in terms of topics this week. I’ll be back to writing about other stuff and posting photos before long, I promise! A New Chapter We are witnessing a pivotal…
Paycoin - Always a Catch when Josh Garza Makes A Promise (UPDATED)
WARNING! Garza’s “Honor Program” could lock up your Paycoin for 91 years! (no joke) UPDATE 1/20/2015: The SEC is allegedly investigating Garza and GAW Miners! If you’ve been following the whole Paycoin debacle in the cryptocurrency community, you know that it has been similar to countless…
I Mine Digital Money
During the winter of 2013/2014, we rarely ran the furnace in my home, because there were at least one of these beastly devices dissipating roughly 1000 watts of heat in every room.…
GAW Hash Market's Ridiculous Fees
Months ago when I was still buying specialized hardware for mining altcoins (digital currencies other than bitcoin), I purchased a hardware product from GAW Miners. At the time, they had just launched their cloud mining service, called ZenCloud, which lets customers interested in mining bitcoin purchase “hosted” mining solutions. So,…